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Reddit Scheduled For IPO Launch in March, Set to Offset 10% of Stocks – Report
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San Francisco-based social media giant Reddit is scheduled for an initial public offering (IPO) in March, according to a Reuters report.
Reddit, famous for its role in the meme stock frenzy of 2021, is making its second attempt at a public listing after an initial move in December 2021.
During its first IPO attempt, the social media giant was valued at $10 billion, but it is planning to keep its valuation confidential until the IPO concludes.
IPOs 2024: @Reddit to go public via IPO in March
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